Which of the following best shows a shift in the supply curve to the Right: A....

Question

Question

Which of the following best shows a shift in the supply curve to the Right:

	A.	When price goes up, sellers want to sell less.
	B.	When prices go up, sellers want to sell more.
	C.	There will be more seller that will enter the market.
	D.	Increase in labor costs due to higher minimum wage laws.

business economics

Answer 1

Answer #1

An increase in the number of sellers in the market increases supply and shifts the supply curve to the right.

Answer-C

Answer 2

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